Bankrupt woman's £1m luxury goods auctioned in Lincolnshire

A private collection of designer jewellery and handbags amassed by one woman has been put up for auction in Lincolnshire.

The items were said to have cost the woman, who does not want to be named, about £1m. She was later made bankrupt.

The lots include 30 handbags, some worth up to £6,000, evening bags, purses and wallets. Designers include Hermes, Lana Marks and Louis Vuitton.

The accessories are to be auctioned in Market Rasen on Thursday.

Auctioneers said they were confident the goods would sell for well in excess of £250,000.

Craig Bewick, from Brown and Co, said the collection was a "Who's Who of fashion" and in "A1" condition.

"Probably the best item of the lot is the Hermes Birkin Bag for which we've had interest from all over the world," he said.

"To me it's a bit strange, but I have a girlfriend who is into all this kind of stuff."

The collection was put up for auction by Charles Ranby-Gorwood of CRG Insolvency & Recovery who is in charge of administering the woman's bankruptcy estate.